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124 SPRUCE Street
Out of Town
No City Value
V0B 2G0
$7,020,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8040519
- Build. Type:
- Low Rise (2-4 stories)
- Photos (6)
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124 SPRUCE & 525-575 PINE AVE, SPARWOOD, BC. Great rental history. 1 of 3 offerings that also includes 2 properties in Cranbrook (61 units) and 2 properties in Elkford (120 units). Total of 242 units available. Contact LB for access to confidential Data Room. Estate Sale, Closing is subject to Probate.
- Sale Type:
- Asset
- Building Type:
- Low Rise (2-4 stories)
- # Units:
- 61
- # of Appartments:
- 0
- # of 1 Bedroom Appartments:
- 15
- # of 2 Bedroom Appartments:
- 46
- Year built:
- 1974 (Age: 48)
- Total Floor Area:
- 0 sq. ft.0 m2
- Lot Area:
- 1.76 acre(s)0.71 hectare(s)
- Land Use/Zoning:
- R-3
- Permitted Use:
- Multifamily (5+)
- Taxes:
- $22,410 / 2021
- Env Assmt Phase:
- No
- Cap Rate %:
- 5.0
- Gross Income:
- $603,870
- Oper. Expenses:
- $248,865
- Net Operating Income:
- $347,251
- Original Price:
- $7,020,000
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Listed by MACDONALD COMMERCIAL R.E.SERV.
Data was last updated May 16, 2022 at 08:10 PM (UTC)
- Bruce Long CCIM, FRI, PREC
- MACDONALD COMMERCIAL R.E.SERV.
- 1 (604) 3122000
- Contact by Email
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